Ascent Scalper - BULLISH ONLY

Strategy Name: Ascent Scalper - BULLISH ONLY
This is a compliant description for a Closed-Source Subscription Strategy.

1. Overview and Core Logic
The Ascent Scalper is a sophisticated, trend-following strategy designed exclusively for long (bullish) scalping on low-timeframe charts. It uses a multi-indicator confluence model based on standard candlestick data to identify and capitalize on strong bullish momentum during active trading hours.

The long entry rule requires the simultaneous alignment of the following four conditions:

A. Trend Confirmation (Standard Close EMAs): The core trend is confirmed by the 8-period Fast EMA crossing and remaining above the 21-period Slow EMA, using the standard bar closing price.

B. Momentum Strength (ADX/RSI): Directional movement must be validated by the 14-period ADX exceeding a threshold (default 18), alongside the 14-period RSI being above a threshold (default 45), confirming strong momentum.

C. Volume Validation: A dynamic filter requires the current bar's volume to be greater than the 20-period Volume MA (default 1.0x) to ensure high market conviction at the time of entry.

D. Session Filter: Entries are restricted to a defined trading window (default UTC 12:00 to 20:00) to capture maximum market liquidity.

2. Trade Management and Realistic Risk
This strategy employs a dynamic, partial-exit risk management plan based on the Average True Range (ATR).

Initial Stop Loss (SL): The initial SL is tight and calculated based on the 14-period ATR multiplied by an adjustable factor (default 0.7).

Split Exits (P&L Management): The position is split into two halves upon entry:
A. $50\%$ Position (TP1): Exited at a 1R profit target, where 1R is equal to the initial ATR-based SL value.
B $50\%$ Position (Run): Managed by a Trailing Stop Loss (TSL), with trail points also calculated dynamically using the current ATR (default multiplier 1.2x).

Breakeven (BE) Lock: The optional Breakeven feature (default: ON) places a Breakeven stop (entry price plus 1 tick) once the position is 2 ticks in profit, locking in capital protection rapidly.

Daily Risk Controls: The strategy includes an optional (default: OFF) Max Daily Loss control (default $1,000), which stops trading for the day if the cumulative closed P&L exceeds the loss cap.

3. Backtesting Results & Mandatory Disclosures
The default settings are configured for high-liquidity markets. Users must comply with the following:

A. Risk Per Trade: The ATR-based SL system ensures the risk per trade is highly variable but generally kept below $5\%$ of a reasonable account size.
B. Commissions/Slippage: Commissions and slippage MUST be configured by the user in the Strategy Properties window to ensure backtest results accurately reflect real-world execution costs.
C. Trade Sample Size: The strategy must be run on a dataset that generates over 100 trades for statistically valid results.

MANDATORY DISCLAIMER: Past performance is not necessarily indicative of future results. Trading involves substantial risk of loss. All claims of historical performance are substantiated by the backtesting results on the chart, but these results do not guarantee actual trading outcomes.